Home > Salary > Turkey > Special Assets Manager
A Special Assets Manager is responsible for managing and overseeing the recovery of distressed assets, such as non-performing loans, troubled real estate properties, or delinquent accounts. They work in financial institutions, investment firms, or loan servicing companies. Their main objective is to minimize losses and maximize recoveries by implementing strategies that may include restructuring debt, negotiating settlements, or initiating legal actions.
The role of a Special Assets Manager involves conducting thorough analysis of the assets, assessing their value, and developing action plans to mitigate risks. They collaborate with internal teams, external agencies, and legal professionals to execute these plans effectively. Strong communication and negotiation skills are crucial in this occupation, as they often interact with borrowers, investors, and other stakeholders.
Estimated Yearly Salary: 342,343 TRY
Estimated Monthly Salary: 28,529 TRY
Estimated Weekly Salary: 6,584 TRY per week
Estimated Hourly Salary: 165 TRY per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 27,598 TRY
Estimated Weekly Salary: 6,369 TRY per week
Estimated Hourly Salary: 159 TRY per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 18,060 USD
Estimated Monthly Salary: 1,505 USD
Estimated Weekly Salary: 347 USD per week
Estimated Hourly Salary: 9 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 342,343 TRY
Estimated Monthly Salary: 28,529 TRY
Estimated Weekly Salary: 6,584 TRY per week
Estimated Hourly Salary: 165 TRY per hour
By working as Special Assets Manager a person can save up to 1,081 USD per month or 12,977 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Turkey, see costs of living in Turkey.
Estimated Yearly Salary for Special Assets Manager
Last revision of data: 2025-01-04
Data as of 2025
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Special Assets Manager salary in Turkey
Average Yearly Salary of Special Assets Manager in Turkey is approximately 342,343 TRY (18,060 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Special Assets Manager do?
A Special Assets Manager is responsible for managing and overseeing the recovery of distressed assets, such as non-performing loans, troubled real estate properties, or delinquent accounts. They work in financial institutions, investment firms, or loan servicing companies. Their main objective is to minimize losses and maximize recoveries by implementing strategies that may include restructuring debt, negotiating settlements, or initiating legal actions.
The role of a Special Assets Manager involves conducting thorough analysis of the assets, assessing their value, and developing action plans to mitigate risks. They collaborate with internal teams, external agencies, and legal professionals to execute these plans effectively. Strong communication and negotiation skills are crucial in this occupation, as they often interact with borrowers, investors, and other stakeholders.
Skills: Special Assets Manager, Distressed Assets, Non-performing Loans, Troubled Real Estate, Debt Restructuring, Risk Mitigation.
Job industry: Banking
Job industry: Banking
How much does Special Assets Manager make?
Salary details
How much does Special Assets Manager make?Estimated Yearly Salary: 342,343 TRY
Estimated Monthly Salary: 28,529 TRY
Estimated Weekly Salary: 6,584 TRY per week
Estimated Hourly Salary: 165 TRY per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 331,170 TRYEstimated Monthly Salary: 27,598 TRY
Estimated Weekly Salary: 6,369 TRY per week
Estimated Hourly Salary: 159 TRY per hour
Last revision of data: 2024-01-05Special Assets Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 18,060 USD
Estimated Monthly Salary: 1,505 USD
Estimated Weekly Salary: 347 USD per week
Estimated Hourly Salary: 9 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Turkey, officially known as the Republic of Turkey, is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeast Europe. It has a population of approximately 82 million people, making it one of the most populous countries in the world. The land area of Turkey is about 783,356 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in Turkey.
Comparison shows that a person working as Special Assets Manager in Turkey earns on average:
1.87 times the average salary (or 187% of average salary).
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in Turkey.
Comparison shows that a person working as Special Assets Manager in Turkey earns on average:
1.87 times the average salary (or 187% of average salary).
Is Special Assets Manager a well paid job?
Yes, our data shows that Special Assets Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Special Assets Manager?
High salary for Special Assets Manager would be somewhere between 376,577 TRY and 496,397 TRY. However this is an estimation based on Gaussian Distribution.How much can you save working as Special Assets Manager in Turkey?
Living in Turkey the approximate monthly expenses are: 424 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 342,343 TRY
Estimated Monthly Salary: 28,529 TRY
Estimated Weekly Salary: 6,584 TRY per week
Estimated Hourly Salary: 165 TRY per hour
By working as Special Assets Manager a person can save up to 1,081 USD per month or 12,977 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Turkey, see costs of living in Turkey.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Greece, Bulgaria, Georgia, Armenia, Azerbaijan, Iran, Iraq, Syria.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Special Assets Manager
Greece is 37,090 USD
Iran is 13,488 USD
Iraq is 10,228 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Turkey
(2,099,459 TRY per year, pre-tax.)
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5. Neurosurgeon
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7. Oncologist
(1,595,801 TRY per year, pre-tax.)
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Data as of 2025Random salary:
Resident aide (87,723 TRY per year, pre-tax.)
Associate publicist (126,104 TRY per year, pre-tax.)
Floorsales manager (88,929 TRY per year, pre-tax.)
Claims handler (164,483 TRY per year, pre-tax.)
Locker room attendant (75,983 TRY per year, pre-tax.)
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